Intels new CEO Pat Gelsinger welcome package is valued at $116 million

Discussion in 'Frontpage news' started by Hilbert Hagedoorn, Jan 19, 2021.

  1. Hilbert Hagedoorn

    Hilbert Hagedoorn Don Vito Corleone Staff Member

    Messages:
    48,388
    Likes Received:
    18,558
    GPU:
    AMD | NVIDIA
    Neo Cyrus and DannyD like this.
  2. Neo Cyrus

    Neo Cyrus Ancient Guru

    Messages:
    10,780
    Likes Received:
    1,393
    GPU:
    黃仁勳 stole my 4090
    Sickening, isn't it?
     
    Solfaur likes this.
  3. Kaarme

    Kaarme Ancient Guru

    Messages:
    3,513
    Likes Received:
    2,355
    GPU:
    Nvidia 4070 FE
    Let's hope he works hard for the ridiculous money and utterly ignores his predecessors' ways and methods.
     
  4. schmidtbag

    schmidtbag Ancient Guru

    Messages:
    7,973
    Likes Received:
    4,341
    GPU:
    HIS R9 290
    Frankly, he's not paid enough. Now I understand the price hike for next-gen parts.

    /s
     

  5. ruthan

    ruthan Master Guru

    Messages:
    573
    Likes Received:
    106
    GPU:
    G1070 MSI Gaming
    Big boys and their golden packages.. i never got how it could work with shareholders.. Are they ok with such good "investments"?
     
  6. Brasky

    Brasky Ancient Guru

    Messages:
    2,602
    Likes Received:
    640
    GPU:
    Gigabyte 4070 Ti Su
    how so?
     
  7. schmidtbag

    schmidtbag Ancient Guru

    Messages:
    7,973
    Likes Received:
    4,341
    GPU:
    HIS R9 290
    I suppose they might be if he's able to promise the changes needed to bring in more cash.
     
  8. tsunami231

    tsunami231 Ancient Guru

    Messages:
    14,725
    Likes Received:
    1,854
    GPU:
    EVGA 1070Ti Black
    welcome package worth more then most people making in 10 life times...
     
    geogan likes this.
  9. craycray

    craycray Member Guru

    Messages:
    168
    Likes Received:
    43
    GPU:
    3080 Gaming X Trio
    I would do it for half of that.
     
    Solfaur likes this.
  10. Clawedge

    Clawedge Guest

    Messages:
    2,599
    Likes Received:
    928
    GPU:
    Radeon 570
    $116,000,000
    [​IMG]
     
    m4dn355 and Airbud like this.

  11. fantaskarsef

    fantaskarsef Ancient Guru

    Messages:
    15,693
    Likes Received:
    9,572
    GPU:
    4090@H2O
  12. Loobyluggs

    Loobyluggs Ancient Guru

    Messages:
    5,219
    Likes Received:
    1,589
    GPU:
    RTX 3060 12GB
    Gurus, I'm still reeling from the amount that Facebook paid for Occulus, this, is nothing.
     
  13. Kaleid

    Kaleid Ancient Guru

    Messages:
    2,826
    Likes Received:
    353
    GPU:
    7900xt
    No person should ever earn that much, not even if you summarize their whole lives.
     
    GSDragoon and Neo Cyrus like this.
  14. Noisiv

    Noisiv Ancient Guru

    Messages:
    8,230
    Likes Received:
    1,494
    GPU:
    2070 Super
    As a temporarily embarrassed millionaire I fully approve of this.

    Also rugged individualism, no handouts, pull yourself up by the bootstraps and all that jizz :)
     
  15. Airbud

    Airbud Ancient Guru

    Messages:
    2,575
    Likes Received:
    4,080
    GPU:
    XFX RX 5600XT
    $116,000,000 chump change

    [​IMG]
     
    alanm, tunejunky and DannyD like this.

  16. Mundosold

    Mundosold Master Guru

    Messages:
    243
    Likes Received:
    108
    GPU:
    RTX 3090 FE
    Investor here, reason these types of compensation are common is they are mostly valued in stock. The idea is that if the CEO owns a lot of shares, they have incentive to make sure the company succeeds.
     
    anticupidon likes this.
  17. Mundosold

    Mundosold Master Guru

    Messages:
    243
    Likes Received:
    108
    GPU:
    RTX 3090 FE
    Why?
     
    Brasky likes this.
  18. geogan

    geogan Maha Guru

    Messages:
    1,267
    Likes Received:
    468
    GPU:
    4080 Gaming OC
    Maybe because thousands of people working in the company do 99% of the work, and people like him at the top do not very much and earn more than all the rest of them put together? Unfairness? The one percenters etc. The problem with capitalism, inequality in the world.... and on and on...
     
    GSDragoon likes this.
  19. Brasky

    Brasky Ancient Guru

    Messages:
    2,602
    Likes Received:
    640
    GPU:
    Gigabyte 4070 Ti Su
    A. LOL. What's your education and job history? Take about 4 minutes to read the wikipedia or whatever source you like to read this guy's bio and tell me who's more qualified between yourself and Gelsinger?
    B. Whoever told you that life / the real world was fair really set you up for failure and I'm sorry that you feel this way, but hopefully you'll be able to grow.
    C. Yep, Capitalism is the problem with the world. (sarcasm) You must work in academia to glorify such idealist visions of the world that have never and will never work in practice.
    D. It's insane that some dumbass like myself has to explain luck/life to other adults (I assume).
     
  20. Aura89

    Aura89 Ancient Guru

    Messages:
    8,413
    Likes Received:
    1,483
    GPU:
    -
    Oculus is a company, not a singular person who realistically doesn't have any technology/IP/etc.

    To take it a different way, Intel is spending nearly 1/20th on a singular person, in comparison to facebook buying an entire company and completely new business ventures.

    To me, oculus is by far the better buy, even if it is risky, as any purchase of any company is inherently risky.
     

Share This Page